Thursday, December 04, 2008

Furloughs

Well, the economy is slowly rearing it's ugly head here at work. Working for a state agency, things tend to hit a bit slower than they do in the private sector but today it's been officially annouced that we'll be getting mandatory furloughs for the FY 2008-2009. Right now, every employee will have to take 2 days and up to 5 based on salary, so I'm guessing I'll end up with 3 or 4 when all is said and done.

Honestly, I'm not really bothered by it since my job seems to be secure and we can get by with 3-4 unpaid days over the course of 6 months. I just know that there are people out there where 2 unpaid days really makes a difference in their ability to feed their families and pay their bills.

And I know most people would rather we get mandated furloughs instead of large scale layoffs which I guess happened back in the early 90's when the economy was in a bad place. And to be honest, I don't think that's still completely off the table since the economy is worse than it's been in a very long time. But for now, I don't have any real worries about my job security.

Too bad that getting a furlough at work doesn't mean I get a furlough at daycare.

4 comments:

Lisa :-) said...

Sorry to hear that. But, like you say it is better to loose a few days pay over 6 months. It is really crazy out there. I know it really was a big hit when my company (Title Company) decided it needed to close their doors. I worked for them for almost 10 years. I was very sad to see it happen. The worst part is...there are no jobs out there and the ones that are out there are paying NOTHING! I am going to have to take a job probably making 2-3 hundred dollars a week! It is a real smack in the face. I will keep my fingers crossed for you. This is a terrible boat to be in!

Lisa :-) said...

2-3 hundred dollars less a week. Sorry.

Katie said...

Did someone say furlough day par-tay???

Seriously though, I am hoping that is the max that will happen.

BJ said...

Sorry to hear about the furlough. I am about to be asked to do scenarios on what the picture would be in my office with a 10% or 15% budget cut. That is not going to pretty so I hear you. Hopefully the furloughs give them what they need and lay offs don't happen. I agree that your job is pretty secure but it is never a fun time.